Coulda Beenyou Acquires Multifamily Property From Debbie Marana In Miami For $19.04M
176 Northeast 68th Street
$19,040,000
$329/SF
Building Size
57,715 SF
Asset Type
MultiFamily
Closing
Jul 10, 2026
AI
The property involved in this transaction is a multifamily asset located at 176 Northeast 68th Street in Miami. It has been sold for $19,040,000, comprising 112 units. The total square footage of the property is 57,715, leading to a price per unit of $170,000 and a price per square foot of $329.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $19,040,000
- Units: 112
- Square Footage: 57,715
- Price Per Unit: $170,000
- Price Per Square Foot: $329
- Buyer: Coulda Beenyou
- Seller: Debbie Marana
- Brokers: Arthur David Porosoff & Javier A. Ubeda - The Porosoff Group - Compass
- Transaction Counsel: Manny Vadillo - Sanchez Vadillo LLP
Arthur David Porosoff and Javier A. Ubeda announced the closing of Knight Center Apartments after 30 years of family ownership. They secured a no-inspection, multi-million non-refundable deposit "hard day 1" contract after previously unsuccessful listings. The Porosoff Group has over 20 years of experience in multifamily brokerage in South Florida.
Players
Miami MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93